Corporate cards are gaining traction in new parts of the globe, with innovations across Southeast Asia showcasing the region’s appetite for B2B payments digitization. Also featured in this week’s Commercial Card Innovation roundup are an ongoing focus on card-based expense management and card products for...
Biweekly direct deposit is losing its cha-ching with job seekers — more Gen Z candidates expect to access their earnings instantly via ready-to-use payment tools. But redesigning company processes to support those options is easier said than done. In this month’s Next-Gen Debit Tracker, ADP...
United Arab Emirates (UAE)-based First Abu Dhabi Bank is rolling out a payroll card solution for the market via its Mercury payment operator unit, reports in Verdict said on Monday (April 22). Mercury is collaborating with Al Fardan Exchange to introduce the Payez payroll card...
Barclays has divested its portfolio of physical prepaid cards in the U.K., selling the assets to Prepaid Financial Services (PFS), PFS said in a press release Wednesday (March 6). PFS took on the corporate and payroll prepaid card assets from Barclays and integrated the portfolio...
November 09, 2018
Like the rest of the financial services market, payroll is participating in the anti-paper movement. The biggest impact of this shift is businesses’ decision to embrace direct deposit over paper paychecks, a trend that took off and led to nearly 94 percent of employees being paid this way, according to the American Payroll Association. Direct […]
June 24, 2016
The New York State Department of Labor said earlier this month through a published proposed rule that current consents are invalid for direct deposit and must be reinstated by employees. The comment period is through July 15 of this year. Employees must be notified in English or their primary language before being paid by direct deposit […]
November 09, 2015
Prepaid payroll cards can be a way to land funds in the hands of employees without traditional bank accounts. But in recent weeks, a few scandals and lawsuits have been...
November 05, 2015
Uber is looking to attract new drivers and keep existing ones for its ride-share service, and according to recent reports by Quartz, the company is considering a dramatic way to achieve...
October 19, 2015
Some workers across the U.S. were left without their paychecks last week thanks to a glitch in the RushCard system, reports said late last week. Reports throughout last week said...
